Ex-Formula One boss Bernie Ecclestone has admitted one court of fraud after he was charged with failing to declare £400 million of overseas assets to the Government.

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Ex-Formula One boss Bernie Ecclestone has admitted one court of fraud after he was charged with failing to declare &pound;400 million of overseas assets to the Government.{ai:summary}<p>Ex-Formula One boss Bernie Ecclestone confesses to one count of fraud for not reporting £400 million in foreign assets to the Government. #crime</p>

Bernie Ecclestone admits fraud over assets worth £400m

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